The bank-insurance-share market is closed today

News Desk: In order to maintain social distance from Kovid-19 in safety, the period of restrictions announced by the government has been extended till August 10. At this time bank transactions will be limited. Bangladesh Bank has decided to close the bank today during the restrictions due to the alarming increase in corona infection. As the banks are closed, the stock market and insurance companies will also be closed on this day.

Earlier on Thursday, Bangladesh Bank's Department of Off-site Supervision, Financial Institutions and Markets Department, Bangladesh Securities and Exchange Commission (BSEC) and Insurance Development and Regulatory Authority (IDRA) issued separate instructions in this regard.

The government imposed strict 14-day restrictions from 8am on July 23 to 12pm on August 5. This restriction has been extended till August 10. The central bank has decided to close the bank on Sunday. At the same time, a new schedule of bank transactions has been fixed for August 9 and 10.

The central bank's directive says banking activities will continue to be limited. Banks and financial institutions will be closed on Sundays in addition to Fridays and Saturdays during the weekly holidays. And on August 9 and 10, bank transactions will continue from 10 am to 3 pm.

At the same time, activities will be held in the stock market on August 9 and 10 from 10 am to 2.30 pm. However, 15 minutes pre-opening session will be open before the start of the transaction and 15 minutes post closing station will be open at the end of the transaction.